Which Statement Best Characterizes a Subcommittee Hearing

question 3

Multiple Choice

Which statement best characterizes a subcommittee hearing?

• A) A bill receives a subcommittee hearing whenever the vice president requests it.
• B) A bill receives a subcommittee hearing only after it is extensively marked up by the full committee.
• C) A bill receives a subcommittee hearing after it has been pocket vetoed, but before it goes to the floor.
• D) Those opposed and those in favor of a bill can voice their opinions on it to the subcommittee.

---

Definitions:

Principal-Agent Problem

A dilemma in economics occurring when one party (the agent) is able to make decisions and/or take actions on behalf of, or that impact, another party (the principal).

Profit-Sharing Plans

A company program that gives employees a share in the profits of the company.

Residual Claimants

Individuals or entities entitled to a share of a company's profits after all obligations have been met.

Team Production

A production process in which employees work together under the supervision of the owner or the owner’s representative.